British mining company Anglo American (part of the FTSE 100) does not expect the prices of its main commodities - iron ore, copper and coal - to rise. According to its head Duncan Vanblad, this is due to the excessive pressure that the global economy is experiencing. The main factor is the fall in demand, including from China, which is the largest importer of metals. Vanblad expressed surprise that the country's recovery has been too slow - in fact, it has never recovered from the effects of the pandemic crisis.

Commodities have lost 19% in value so far. Goldman Sachs estimates that the steel industry has faced a number of negative factors this year, the impact of which has been felt most of the time, including slow economic growth in China and falling output in Western countries. Analyst company CRU Group does not expect demand in China to return to previous levels, and global iron ore leader Rio Tinto notes that the value of the latter will depend on the state of the Chinese real estate market.